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LS Electric, KT Cloud Sign MOU to Build AI Data Center Infrastructure

Summary by The Korea Times
LS Electric said it signed a memorandum of understanding with KT Cloud on Wednesday to jointly supply power infrastructure and develop technology for artificial intelligence (AI) data centers, as the two firms move to capture a share of Korea's fast-growing AI infrastructure market. The agreement was signed at LS Yongsan Tower in Seoul, with LS Electric CEO Chae Dae-seok and KT Cloud's chief executive Kim Bong-kyun among senior officials from bo…

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KT Cloud has partnered with LS Electric to strengthen the design of modular AI data centers and power supply chains. They have entered into a strategic partnership to increase construction efficiency through joint research on data center power solutions and equipment procurement, and to establish a stable operational foundation by securing a nationwide data center infrastructure of 1GW in the future.

[Digital Daily Reporter Lee Anna] KT Cloud is expanding its cooperation with LS Electric in the AI Data Center (AIDC) business. KT Cloud announced on the 3rd that it signed a Memorandum of Understanding (MOU) with LS Electric on the 2nd at LS Yongsan Tower to "establish a strategic partnership for AI data centers." The signing ceremony was attended by KT Cloud CEO Kim Bong-kyun, Head of the Data Center Division Choi Ok-jin, and LS Electric CEO …

LS Electric is partnering with KT Cloud, a company specializing in cloud and data centers, to launch a full-scale offensive on the rapidly growing artificial intelligence (AI) data center infrastructure market.

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asiae.co.kr broke the news on Wednesday, September 2, 2026.
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